---
title: "Matt Chernofsky"
url: https://stacklist.com/card/0ea3b6dd-910a-4ef8-87e8-00a14085ffaf
source_url: "https://www.linkedin.com/in/matt-chernofsky-b0a961151"
stack: https://stacklist.com/c/business/stack/1e64143c-7680-4750-89ff-af7d5e73f86a
summary: "Matt Chernofsky is a professional at Berkadia based in Los Angeles, California, focused on providing debt and equity solutions for commercial real estate, particularly multifamily lending. His LinkedIn activity highlights Berkadia's achievements as a top GSE lender and its involvement in affordable housing initiatives with Fannie Mae, Freddie Mac, and HUD."
tags: "commercial-real-estate, multifamily-lending, affordable-housing, berkadia, fannie-mae, freddie-mac, linkedin-profile"
key_entities: "Matt Chernofsky (person), Berkadia (organization), Fannie Mae (organization), Freddie Mac (organization), U.S. Department of Housing and Urban Development (organization), FHFA (organization), Yeshiva University (organization), Los Angeles, California (location), affordable housing (concept), multifamily lending (concept)"
classification: "reference"
content_hash: "sha256:3b273ba35aa69e27d11de364eb20d71476d4f8e5588fc4c6d568234829245827"
acp_version: "0.2"
token_counts_approximate: 4938
visibility: public
agent_accessible: true
status: "final"
---

# Matt Chernofsky

Matt Chernofsky Sign in to view Matt’s full profile Matt can introduce you to 10+ people at Berkadia Email or phone Password Show Forgot password? Sign in Sign in with Email or New to LinkedIn? Join now By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement , Privacy Policy , and Cookie Policy . Los Angeles, California, United States Contact Info Sign in to view Matt’s full profile Matt can introduce you to 10+ people at Berkadia Email or phone Password Show Forgot password? Sign in Sign in with Email or New to LinkedIn? Join now By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement , Privacy Policy , and Cookie Policy . 806 followers 500+ connections See your mutual connections View mutual connections with Matt Matt can introduce you to 10+ people at Berkadia Email or phone Password Show Forgot password? Sign in Sign in with Email or New to LinkedIn? Join now By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement , Privacy Policy , and Cookie Policy . Join to view profile Message Sign in to view Matt’s full profile Matt can introduce you to 10+ people at Berkadia Email or phone Password Show Forgot password? Sign in Sign in with Email or New to LinkedIn? Join now By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement , Privacy Policy , and Cookie Policy . Berkadia Yeshiva University Report this profile About At Berkadia we focus on providing reliable debt and equity solutions for commercial real… see more Welcome back Email or phone Password Show Forgot password? Sign in or By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement , Privacy Policy , and Cookie Policy . New to LinkedIn? Join now Activity 806 followers Posts Comments Reactions No more previous content Matt Chernofsky reposted this Report this post Matt Chernofsky reposted this Berkadia Berkadia 9mo Matt Chernofsky reposted this The FHFA announced it’s raising the multifamily loan purchase caps for Fannie Mae and Freddie Mac in 2026 to $88 billion each for a total of $176 billion, emphasizing mission-driven affordable housing. Workforce housing loans continue to be exempt, enhancing affordability without subsidies. Berkadia is proud to collaborate with Fannie Mae Multifamily and Freddie Mac Multifamily to advance affordable housing solutions. #AffordableHousing #FHFA public_profile__posts 65 Copy LinkedIn Facebook X Matt Chernofsky reposted this Report this post Matt Chernofsky reposted this Berkadia Berkadia 1y Matt Chernofsky reposted this 📈 April Market Shifts: Navigating Volatility 📉 Early April tariff announcements widened spreads, but Agency CMBS and GNMA have since stabilized. Treasury volatility remains a challenge, with bridge lenders adjusting pricing. Stay informed on these dynamic changes! Read our full macro commentary for insights. #EconomicInsights Agency CMBS Spreads Find Stability In Turbulent Bond Market Agency CMBS Spreads Find Stability In Turbulent Bond Market Berkadia 42 2 Comments Copy LinkedIn Facebook X Matt Chernofsky reposted this Report this post Matt Chernofsky reposted this Berkadia Berkadia 1y Matt Chernofsky reposted this Berkadia was recognized as the #1 Freddie Mac Lender by Volume in 2024, making it Freddie Mac’s top partner for the fourth consecutive year, and the #2 Fannie Mae DUS Lender by Volume in 2024. Berkadia delivered $13.45 billion in loans with Freddie Mac Multifamily and Fannie Mae Multifamily ("the GSEs"). On a combined basis with U.S. Department of Housing and Urban Development , Berkadia is projected to be the #1 GSE and HUD Lender by Total Volume in 2024*. https://lnkd.in/eddHtfGS public_profile__posts 574 6 Comments Copy LinkedIn Facebook X Matt Chernofsky reposted this Report this post Matt Chernofsky reposted this Berkadia Berkadia 1y Matt Chernofsky reposted this Yesterday, the U.S. Department of Housing and Urban Development published two mortgagee letters creating a Middle Income Housing Option for HUD 221(d)(4) loans and Multifamily Adjustments in Debt Service Coverage Ratios (DSCR) and Loan to Value/Loan to Cost Ratios (LTV/LTC). These changes will help increase individual loan proceeds available and allow borrowers to borrow more for FHA transactions. ✔️ The first letter adjusts LIHTC properties with rent advantage to a DSCR of 1.11 (from 1.15) and LTV/LTC to 90% (from 87%), and Market Rate/LIHTC without rent advantage to a DSCR of 1.15 (from 1.176) and LTV/LTC to 87% (from 85%). ✔️ The second letter introduces a Middle-Income Designation (≥50% of units below 120% AMI with state/local oversight) for the 221(D)4 Program, with new underwriting of 1.11 DSCR and 90% LTC, replacing the previous 1.176 DSCR and 85% LTC. To learn more, contact your local Berkadia FHA/HUD expert: https://lnkd.in/dTeydTb3 public_profile__posts 74 5 Comments Copy LinkedIn Facebook X Matt Chernofsky Matt Chernofsky 3y Report this post Matt Chernofsky shared this Berkadia Berkadia 3y Matt Chernofsky shared this Berkadia is proud to announce the release of our 2023 Forecast, including our national report and over 70 market reports from coast to coast. The forecast will provide key narratives and impactful market information to help navigate #multifamily trends in the year ahead. https://lnkd.in/e3TkZKvU public_profile__posts 95 1 Comment Copy LinkedIn Facebook X Matt Chernofsky Matt Chernofsky 3y Report this post Matt Chernofsky shared this Berkadia Berkadia 3y Matt Chernofsky shared this From all of us at Berkadia, we wish you a very happy and healthy holidays. public_profile__posts 325 2 Comments Copy LinkedIn Facebook X Matt Chernofsky Matt Chernofsky 4y Report this post Matt Chernofsky shared this Berkadia Berkadia 4y Matt Chernofsky shared this So, what’s the secret to helping a borrower find the right debt source in a complex and competitive market? Senior Managing Director Ed Zimbler breaks down the key steps to achieving success by diversifying debt sources on the #BerkadiaBlog . 3 Copy LinkedIn Facebook X No more next content Slide to item 1 Slide to item 2 Slide to item 3 Slide to item 4 Slide to item 5 Slide to item 6 Slide to item 7 Matt Chernofsky commented on a post 1y Congrats Ethan! 🎉 Matt Chernofsky commented on a post 8y Congrats Eli No more previous content Matt Chernofsky liked this Report this post Matt Chernofsky liked this Ethan Chernofsky Ethan Chernofsky 4w Matt Chernofsky liked this My time at Placer.ai is coming to a close. For more than seven years, I’ve had the privilege of marketing a product I love, and working alongside people I love and appreciate even more. We were given the task of building a brand that professionals would come to recognize, trust and, dare I say.... like. We did so in the pursuit of driving a business forward that we felt could really change the way businesses and organizations operated forever and for the better. Was the journey a smooth and endless procession of huge successes? No. There were so many challenges, so many difficult decisions, and so many obstacles - a large number self-inflicted - to overcome. But we learned, and we improved and we continued to grow, progress and evolve. We pushed to get a little better every day and, looking back, we came an incredibly long way. I am so proud of the accomplishments and to have been part of this journey. I am equally grateful for the colleagues and partners that were such a critical part of this chapter for me. (Too many to name, if you think I'm thinking about you, I probably am). A huge thank you to Noam Ben-Zvi , Koby Ben-Zvi , Ofir Lemel and the rest of the founding team for the opportunity. To the incredible marketing team I worked with every day, and the amazing leaders and colleagues that were such an integral part of my experience here. I have no doubt that Placer is destined to reach greater and greater heights, and I will be - apologies for the cliche - cheering aggressively from the sidelines. For me, while it’s hard to leave, there are times to embrace change and take steps in a new direction. Looking forward to taking a well needed break, and exploring what’s next. public_profile__reactions 880 169 Comments Copy LinkedIn Facebook X Matt Chernofsky liked this Report this post Matt Chernofsky liked this Ethan Chernofsky Ethan Chernofsky 1mo Matt Chernofsky liked this It's easy to overlook the giants that do it so well, so consistently. Case in point - Walmart . Visits - up Visits per location - up Visits across the country - almost universally up.... Had the chance to speak about this with Chris Walton on a recent episode of Omni Talk Retail and a few things came up. - Innovation. Walmart doesn't just lead the pack, they leverage the position of strength to test new ideas. This is a massive advantage over time. - Focus. Walmart has a clear brand promise, and they consistently deliver on it. This is a huge strength that enables new concepts to kick off with a sense of excitement and trust. Which great retailers do you think get overlooked because of their consistent success? Let us know! public_profile__reactions 27 Copy LinkedIn Facebook X Matt Chernofsky liked this Report this post Matt Chernofsky liked this Brian Abers Brian Abers 1mo Matt Chernofsky liked this You can tell a lot about a landlord by the bathrooms. In industrial real estate, restrooms are usually an afterthought. We take the opposite approach. We care about them an unreasonable amount. Over the years, we have tested and refined nearly every detail of our standard restroom: tile size, grout color, mirrors, lighting, fixtures, even the exact toilet. The people who actually use the space every day notice. When a room feels clean, thoughtful, and cared for, people appreciate it, even if they cannot identify every reason why. Most will never know how many decisions went into the bathroom. They will simply know the space feels better. That is exactly the point. public_profile__reactions 43 8 Comments Copy LinkedIn Facebook X Matt Chernofsky liked this Report this post Matt Chernofsky liked this Ethan Chernofsky Ethan Chernofsky 1mo Matt Chernofsky liked this Everybody loves Q4, but Q2 is quite the dandy.... am i right? Check out the full list of takeaways, but one that's worthy of extra highlight/underline is the seemingly pending Home Improvement comeback. Premise 1: Most of the sector's challenges are headwind oriented. Premise 2: The sector's prime season has been interrupted by things fundamentally out of their control. Premise 3: Visits are bouncing back. Conclusion..... watch out for the players in the space in H2, but even more in Q1/Q2 2027. What were your big takeaways from Q2? Let us know in the comments below! public_profile__reactions 44 3 Comments Copy LinkedIn Facebook X Matt Chernofsky liked this Report this post Matt Chernofsky liked this The Real Deal The Real Deal 1mo Matt Chernofsky liked this Industrial firms are quickly snapping up what was once a record 1.5 billion square feet of vacant big-box warehouses. A spike in industrial leasing – square footage leased in H1 2026 is up 27% from 2025 – reverses the pandemic-era supply boom. Now, even with the tariffs, the war in Iran is boosting industrial real estate, as companies stockpile excess goods. See which companies are signing deals – and where – at the link below. https://lnkd.in/eD2PMhDE Industrial firms clear away glut of big-box warehouses Industrial firms clear away glut of big-box warehouses 32 3 Comments Copy LinkedIn Facebook X Matt Chernofsky liked this Report this post Matt Chernofsky liked this Benjamin Harris Benjamin Harris 2mo Matt Chernofsky liked this Thank you to GlobeSt.com for the recognition! Always humbling to see the results of hard work and dedication highlighted in a publication I read weekly. https://lnkd.in/eX-A35TY public_profile__reactions 87 12 Comments Copy LinkedIn Facebook X Matt Chernofsky liked this Report this post Matt Chernofsky liked this Berkadia Berkadia 2mo Matt Chernofsky liked this Congratulations to Berkadia’s Jordan Skyles , Benjamin Harris , and Emily (Worcester) Pope on being named GlobeSt.com ’s Aspiring Leaders of 2026! 👏 This recognition highlights the next generation shaping commercial real estate through innovation, dealmaking, and impact. We’re proud to see your leadership helping drive the future of our industry! https://lnkd.in/eX-A35TY public_profile__reactions 79 1 Comment Copy LinkedIn Facebook X Matt Chernofsky liked this Report this post Matt Chernofsky liked this Hà Vũ Hà Vũ 3mo Matt Chernofsky liked this It’s not every day you receive an appreciation email from a client—but when you do, it truly means a lot. Grateful for the recognition, proud of the work, and excited for what’s ahead. Another one done, with more to come! public_profile__reactions 82 Copy LinkedIn Facebook X Matt Chernofsky liked this Report this post Matt Chernofsky liked this Benjamin Harris Benjamin Harris 3mo Matt Chernofsky liked this The Fed Just Changed the Playbook—Without Moving Rates The Fed Just Changed the Playbook—Without Moving Rates Berkadia 5 Copy LinkedIn Facebook X No more next content Slide to item 1 Slide to item 2 See all activities Experience & Education *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> Berkadia *]:mb-0 not-first-middot leading-[1.75]"> ****** **** ****** ******* *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> ********* ****** ************ **** *]:mb-0 not-first-middot leading-[1.75]"> ****** *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> ******* ******** ******* ********* *********** *]:mb-0 not-first-middot leading-[1.75]"> ****** *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> ******* ********** *]:mb-0">- *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> 2016 - 2019 *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> ******** ********** *]:mb-0">- *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> 2015 - 2016 View Matt’s full experience See their title, tenure and more. Sign in Welcome back Email or phone Password Show Forgot password? Sign in or By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement , Privacy Policy , and Cookie Policy . New to LinkedIn? Join now or By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement , Privacy Policy , and Cookie Policy . Volunteer Experience *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> Member *]:mb-0 not-first-middot leading-[1.75]"> ULI Los Angeles *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> Jan 2023 - Present 3 years 8 months Courses *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> Legal Aspect of Real Estate *]:mb-0 not-first-middot leading-[1.75]"> 4056-18 *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> Real Estate Management *]:mb-0 not-first-middot leading-[1.75]"> 2945 *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> Real Estate Practice *]:mb-0 not-first-middot leading-[1.75]"> 4053-18 *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> Real Estate Principles *]:mb-0 not-first-middot leading-[1.75]"> 4052-18 *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> Social Media Marketing *]:mb-0 not-first-middot leading-[1.75]"> 3318 *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> Languages *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> Hebrew *]:mb-0">- *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> *]:mb-0 text-[18px] text-color-text leading-regular group-hover:underline font-semibold"> English *]:mb-0 not-first-middot leading-[1.75]"> Native or bilingual proficiency *]:mb-0 [&>*]:text-md [&>*]:text-color-text-low-emphasis"> View Matt’s full profile See who you know in common Get introduced Contact Matt directly Join to view full profile Other similar profiles Donald Cafero Jr. Donald Cafero Jr. JLL 2K followers New York, NY View Profile JC Reeves JC Reeves Asset Living 4K followers Houston, TX View Profile Ryan Clayton Ryan Clayton Voit Real Estate Services 3K followers Ontario, CA View Profile Jack Chapman Jack Chapman CBRE 2K followers San Diego Metropolitan Area View Profile Giovanni M. 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Highlights: ➡️ Alerts with full workflow support ➡️ Action-ready borrower reports ➡️ Smarter review triage to clear backlogs ➡️ Expansion into CRE investment loans Each update is designed to help credit teams act early, focus where it matters, and operate with confidence. 🎥 See the new features in action here 32 2 Comments The Kobeissi Letter 35K followers Multifamily mortgage delinquencies are surging: Seriously delinquent rates in multifamily mortgages at Freddie Mac are up to 0.48%, the highest in at least 21 years. The percentage has DOUBLED over the last 2 years. At the same time, Fannie Mae multifamily serious delinquencies rates are up to 0.75%, the highest since 2021. By comparison, the 2008 Financial Crisis peak was 0.80%. Multifamily 90+ days delinquency rates at Freddie Mac and Fannie Mae averaged ~0.01%-0.10% between 2014 and 2019, well below current levels. 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